Angola
News
May 07, 2021
Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) is organizing two question and answer sessions, aimed at investors globally to clarify information on its ongoing bid round for onshore oil and gas blocks in the Congo and Namibe basins.
News
May 04, 2021
Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) has officially opened blocks for licensing in the Onshore Lower Congo Basin and the Onshore Kwanza Basin as part of its 2020 oil and gas licensing round.
News
March 02, 2021
OPEC and its allies have been constricting oil supplies since the pandemic crushed demand almost a year ago. To disperse the lingering stockpile surplus, the Saudis pledged extra crude reductions during February and March.
News
March 01, 2021
Fugro has been awarded multiple contracts by Eni Angola to carry out geotechnical and environmental surveys off the coast of Angola between now and May, and two Fugro vessels from their world’s largest fleet of specialist geotechnical and geophysical vessels are currently active in the region.
News
February 26, 2021
The situation could worsen as Big Oil makes another round of deep spending cuts, leaving consequences both for the oil market, which needs more supply from the OPEC cartel in the coming years, and the economic stability of a region that’s dependent on petroleum revenue.
News
February 19, 2021
Angolan lawmakers revoked a ban on exploration for crude and natural gas in protected natural reserves, including the Kassanje Basin and the wildlife-rich Okavango River Basin.
News
January 17, 2020
Oil production in Angola has slumped by a third in the past decade to less than 1.4 million barrels a day, reflecting years of underinvestment in new projects.
News
January 14, 2020
The well in Angola’s Block 48 will be drilled at a new world record water depth of 3,628 m. The current world record is 3,400 m, set by Maersk Voyager’s sister drillship Maersk Venturer when it drilled the Raya-1 well for Total offshore Uruguay in 2016.
News
October 10, 2019
U.S. ambassador to Angola, the Hon. Nina Maria Fite, hosted a delegation of top Angolan oil and gas officials to explore opportunities for the two nations to collaborate on the next phases of Angolan energy development.
News
October 03, 2019
The nine blocks on offer in the Namibe basin include—11, 12, 13, 27, 28, 29, 41, 42 and 43. The single block on offer in the Benguela Basin is block 10. All are considered frontier and currently have no hydrocarbon production.
News
October 02, 2019
Radwa El Zidan, geophysicist from the BP-Angola asset team, said “We were very impressed by the CGG team’s commitment to achieving an early delivery of the data on what was already a challenging schedule. The early delivery of results will accelerate our active reservoir management program for this field.”
News
September 23, 2019
The project saw Welaptega use its new edge tracking data system and its patented CMS technology to inspect the mooring system of BP’s PSVM FPSO, which is situated in Block 31 offshore Angola.
News
September 12, 2019
ION Geophysical announced a new 2D multi-client program offshore West Africa. The industry-supported NamibeSPAN program covers the underexplored Namibe basin offshore southern Angola.
News
September 04, 2019
Sonadrill, Seadrill Limited’s 50:50 joint venture with an affiliate of Sonangol, has secured a nine well contract with six options, each for one well, in Angola for the Libongos drillship.
News
August 15, 2019
ANPG, the national concessionaire for Angola, holds mineral rights for the exploration, development and production of liquid and gas hydrocarbons. The blocks, which are all considered frontier, currently have no hydrocarbon production.
News
August 07, 2019
Amplus Energy Services has been awarded a multi-million-dollar contract to re-evaluate the development of marginal fields in Angola. The aim of the contract is to develop economically viable field development solutions for a major operator in Angola.
News
July 25, 2019
The first appraisal well results confirm 650 MMboe in place at the Agogo field, and indicate further upside in its northern sector that will be assessed with new appraisal wells.
News
June 10, 2019
Baker Hughes, a GE company (BHGE), has announced the inauguration of its multimodal facility (MMF) for oil and gas in Luanda, Angola.
News
June 05, 2019
ExxonMobil and its partners said they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum, Gas and Biofuels.
News
June 03, 2019
Eni has made the fifth oil discovery in one year in Block 15/06, in Angola’s deep offshore.
